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Why Foreign Investments with Citizenship Benefits Are a Growing Trend

As investors around the world look for diversification and stability during these uncertain times, investments in countries other than their own are becoming increasingly popular, particularly in the real estate market. While investing abroad does have its risks, there are also great rewards, and if executed responsibly, investors can secure the prosperity of their families’ future. One way to do just this is via a Citizenship by Investment (CBI) programme. By participating in a CBI programme and investing US $220,000, plus associated government fees in a government-approved real estate project, investors and their families are granted dual citizenship, among other benefits. Below are several benefits for investors to consider.

CBI programme benefits
One of the Caribbean’s government-approved projects and part of Grenada’s CBI programme is the ultra-luxury Six Senses La Sagesse, a new project by top resort developer, Range Developments. Slated to feature one hundred luxury rooms and suites, oceanfront villas, spas, shops and watersports’ facilities, La Sagesse is expected to be complete by 2022. Part of the Intercontinental Hotel Group, Six Senses is considered one of the world’s leading luxury hotel brands.

In addition to Grenada citizenship for the investor, the programme also provides expeditious processing of second citizenship (3 months without the need to visit or reside in Grenada) for parents, grandparents and unmarried siblings of the investor, and visa exemption for travel to approximately 140 countries (United Kingdom, Schengen, China, Russia and many more).

One of the key benefits of this CBI programme, and one unique to Grenada among its regional peers, is access to the USA E2 visa application, allowing investment and residency in the United States. Upon making a further investment in their own business in the United States (suggested minimum amount is US $150,000), a citizen of Grenada can invest and reside in the US. A US E2 visa typically has a six-week approval process and is becoming a recognized alternative to EB5, given the current backlog and waiting list.

Greater global diversification
Opportunity for rapid growth and greater wealth often lies within foreign markets. By investing in foreign real estate markets, one’s investment risk is spread around the world. International real estate markets move in different or even opposite directions, meaning many times they offset a decline in one’s home country with a foreign rise – offering a welcome balance. Investing globally also helps build an investor’s confidence, broadening knowledge and offering better insight into the micro, as well as macro, real estate markets. Moreover, real estate that combines second citizenship, provides a hedge to certain social, political and economic risks.

Accessibility via technology
Thanks to both globalization and developments in technology, investors have more access to a wide variety of information and the ability to stay better connected. This means that international real estate investments are possible for anyone with internet access. It’s possible to research and identify opportunities on the other side of the globe – for example, on the Caribbean island nation of Grenada, there is no residence on, nor visit to, the island required in order to invest.

Protection of assets
Investing in international real estate is also a method of protecting one’s assets. By owning property outside of country of citizenship, investors are insulated from issues and instability that may arise at home. Additionally, owning international real estate can help protect one in the event that they happen to become the subject of an unsubstantiated lawsuit.

CBI programme benefits
One of the Caribbean’s government-approved projects and part of Grenada’s CBI programme is the ultra-luxury Six Senses La Sagesse, a new project by top resort developer, Range Developments. Slated to feature one hundred luxury rooms and suites, oceanfront villas, spas, shops and watersports’ facilities, La Sagesse is expected to be complete by 2022. Part of the Intercontinental Hotel Group, Six Senses is considered one of the world’s leading luxury hotel brands.

In addition to Grenada citizenship for the investor, the programme also provides expeditious processing of second citizenship for parents, grandparents and unmarried siblings of the investor, and visa exemption for travel to approximately 140 countries. One of the key benefits of this CBI programme, and one unique to Grenada among its regional peers, is access to the USA E2 visa application, allowing investment and residency in the United States. Upon making a further investment in their own business in the United States (suggested minimum amount is US $150,000), a citizen of Grenada can invest and reside in the US. A US E2 visa typically has a six-week approval process and is becoming a recognized alternative to EB5, given the current backlog and waiting list.Only invest with the market leaders

Range Developments is the undisputed market leading investment and hospitality company, operating across the Eastern Caribbean. Projects by the resort developer have attracted over 1,600 investors and helped more than 4,000 individuals gain second citizenship so far. Range Developments is the only company that has a track record of delivery in the Citizenship by Investment sector with multiple completed projects. Range Developments opened the Park Hyatt St Kitts in 2017 and Kempinski Dominica in 2019 – both to reviews of best new hotels in the Caribbean

Range Developments may be contacted on:
Email: info@rangedevelopments.com
Whats App: +971 52 732 4097
www.rangedevelopments.com

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